Kindori-MarkII distribution
Contents
How to use Kindori-MarkII
- 1. See the available ForEX brokers page here and open an account via that link.
- 2. Contact us on line here with your account number and broker name, then provide your password to activate EA.
- 3. Download and set up the EA file from here. Enter your given password from line to be able to set your parameters.
Kindori-MarkII Features
Currency Pair: GOLD (XAUUSD)
Time Axis: 1 Minute
Algorithm: Anomalous Averaging and Martingale strategy
Strength: Range-bound market
Weak : Extreme moves in one direction
Recommended lot and amount: Aggregate Backtest. See here.
*Due to the features of the logic, there are possibilities of total loss of money deposited in your account. Withdraw your balance frequently.
Averaging Example
| Count of positions | Lot | Next position pips | Take Profit pips |
|---|---|---|---|
| 1 | 0.01 | 15 Pips | 15 Pips |
| 2 | 0.01 | 15 Pips | 15 Pips |
| 3 | 0.02 | 15 Pips | 15 Pips |
| 4 | 0.03 | 15 Pips | 15 Pips |
| 5 | 0.04 | 15 Pips | 15 Pips |
| 6 | 0.05 | 15 Pips | 15 Pips |
| 7 | 0.06 | 15 Pips | 15 Pips |
| 8 | 0.07 | 15 Pips | 15 Pips |
| 9 | 0.08 | 15 Pips | 15 Pips |
| 10 | 0.09 | 15 Pips | 1 Pips |
| 11 | 0.10 | 30 Pips | 1 Pips |
| 12 | 0.15 | 30 Pips | 1 Pips |
| 13 | 0.23 | 30 Pips | 1 Pips |
| 14 | 0.35 | 30 Pips | 1 Pips |
Inputs
| Input | Description |
|---|---|
| First Lots | The amount of first lot position. The settled amount lot are added each time when position is expanded. For example, if you set 0.01 1st:0.01, 2nd:0.01, 3rd:0.02, 4th:0.03… The calculation method will change after 12th averaging (see below about the details). |
| Stop First Order | true: The new first position entry is suspended. false: The new first position is valid. |
| Slippage | Slippage. Unit is in points. |
| Max Spread | Spread. Unit is Pips. |
| Take Profit Pips | Average acquisition profit +X[set your parameter] pips to take. Default is 15 pips. |
| Step Pips | Averaging spread. Default 15 pips. |
| Max Position BE | When the number of positions reaches[Max Position BE],[Take Profit BE Pips] will be taken instead of[Take Profit Pips]. Default Take Profit will be changed to 1 Pips when the number of positions reach 10 or more. |
| Take Profit BE Pips | When the number of positions reaches[Max Position BE],[Take Profit BE Pips] will be taken instead of[Take Profit Pips]. Default Take Profit will be changed to 1 Pips when the number of positions reach 10 or more. |
| Num Positions Change Step | When the number of positions reaches [Num Positions Change Step], [Step Pips After Change] will be taken instead of [Step Pips] The lot amount will be changed to [Step Pips After Change]. |
| Step Pips After Change | When the number of positions reaches [Num Positions Change Step], [Step Pips After Change] will be taken instead of [Step Pips] The default figure is 30 pips. |
| Lots Rate After Change | When the number of positions reaches [Num Positions Change Step], the The lot amount will be changed to [Step Pips After Change]. For example |
| Ignore Magic Number | true: Ignore magic number for EA trades. Discretionary trades and trades of other EAs will be treated as trades of this EA. false: The magic number is taken into account. |
| Stop First Order By Different Magic Number | true: If this account holds a position with a magic number different from this EA’s magic number, the first position will not be entered. |
| Magic Number | It is a magic number; if you would like to run multiple EAs on one MT4 app, enter a different magic number. |
| Additional Functions By Limit Order | true: Turns on special functionality with limit orders.
false: Turns off the special functionality of limit orders. This is a complex function, please click here for more details. |
| Stop Loss | true: Execute cutting losses for all current positions false: Default |
| Num Positions Stop Loss | If [Num Positions Stop Loss] set 9, Your current positions will be execute cutting losses when the price reaches 10th order position. |
| Stop Economic Indicators | TRUE: In case economic indicators are likely to be released at the following times 8:00, 8:30, 9:00, 9:30, 12:00, 12:30, 13:00, 13:30, 14:00, 14:30, 15:00, 15:30, 17:00, 17:30 (GMT +0) The first position is suspended for several minutes before and after |
| Entry XXX | XXX is day of week. true: First position entry for the day of week. false: No entry for the first position on the day of week Time zone depends on [Your GMT]. |
| Start Hour XXX | XXX is day of week. Start time of the day of the week Time zone depends on [Your GMT]. |
| End Hour XXX | XXX is day of week. End time of the day of the week.After this time. First position is suspended until next [Start Hour XXX]. Time zone depends on [Your GMT]. |
| Brokers Summer Time Type | Set your broker’s summer time type. |
| First Position Type | Set your first position to be Long only, Short only, or both. If you already have a first position, Long, Short, or, both positions will be expanded until those positions are cleared. |
| Brokers GMT | Set your broker’s winter time GMT. |
| Your GMT | Set your local GMT. |
| Password | Enter your own provided password. |
Backtest
Terms: Jan/01/2022〜Apr/13/2022
0.01lot
0.04lot
Distribution of averaging positions
Based on the above Backtest data [set 0.01 lot], each data indicates that positions are from first position entry to being clear all in one trending.
The graph is created based on the above group of data.
It shows that 97% of the trades were cleared within 9 positions.
Drawdown distribution
Based on the above Backtest data [set 0.01 lot], each data indicates that positions are from first position entry to being clear all in one trending.
The graph is created based on the above group of data to analyze for drawdown.
The drawdown shown here is the value at the time of the maximum number of entries in one group, so the actual value may be a little higher.
The results show, for example, that with a margin of $2500, 99.14% of entries are within 20% drawdown, but there is also a single drawdown of $5000 or $11000.
Drawdown Ranking
These drawdown records are from max total loss to minimum.
The top record is caused due to Russia’s invasion of Ukraine issues.
count_of_positions: averaging position count
drow_down: Drawdown(USD)
order_type: order type, sell or buy.
ordered_at: Date of first entry in one group (GMT+0)
FAQ
Q. When will the parameters be reflected?
A. The change is reflected immediately after it is set. For example, if you change the Take Profit Pips from 5.0 => 6.0, a request to change the Take Profit Pips for all positions is immediately sent to your broker.
Q. One of my positions was closed manually, will Take Profit change automatically?
A. Take Profit will not automatically change if you settle manually.
If you want to change it automatically
Click on the smiley face on the chart => Click “OK” on the Parameter Settings screen without making any changes.
Then Take Profit will be set correctly for all positions.
Q. EA is not working.
A. The process may be stopped for some reason.
Please check the following
1) Please confirm that the upper right corner of the chart is marked with a smiley face.
2) Please check if “Ready to Order.” is displayed in the upper left corner of the chart.
3) Check that the log is displayed in the “Operation History” and “Expert” sections in the navigation pane at the bottom of the Windows MT4 application. For example, if you see “investor mode” in the log, you are logged in with a read-only password, so please log in again with a password that allows you to place orders.
4) If the above does not solve the problem, restart the Windows MT4 application.
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